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Dec 6, 2013
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there is a big effort underway to get the local economy moving again. kamal has been seeing what has been happening in the area hardest hit. >> reporter: there's very, very left on the shoreline. this man knows that too well. he is a fisherman, or rather he was given that his boat now sits a couple of kilometers inland. >> translator: before i was earning about 300 pesos a day from the catch, but now i don't earn anything, because what i catch is what we eat. because i don't have a boat. >> reporter: and the truth is his story is replicated thousands of times. the challenge after the emergency aid phase has been to get people working again. every street is an absolute mess and they need cleaning up, which means you have ready-made jobs, and this is why you have got upwards of 20,000 people lining up every morning for the work for cash scheme. it means they get a job, a little bit of money in their pocket, and they play a big role in the rescue of their own city. >> we give 500 pesos so even if they are cleaning their house, we pay them. our point is tha
there is a big effort underway to get the local economy moving again. kamal has been seeing what has been happening in the area hardest hit. >> reporter: there's very, very left on the shoreline. this man knows that too well. he is a fisherman, or rather he was given that his boat now sits a couple of kilometers inland. >> translator: before i was earning about 300 pesos a day from the catch, but now i don't earn anything, because what i catch is what we eat. because i don't have a...
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Dec 6, 2013
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economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪
economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪
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Dec 7, 2013
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but the economy here is in dire straits. the deal with moscow clue the possibility of a cheap deal on gas and perhaps direct aid because reserves here are running out fast. the central bank quite simply is seeing its stock pile of cash ebbing away very quickly. >> tim, we can see behind you the di demonstrateors are still there. what would you say the mood is? are they still very determined? >> they are very determined. it is very cold, but there have been lots of warm words for the demonstrators. by coincidence there was a meeting for the meeting for the organization in kiev this week. they have made a point of coming out and support for peaceful demonstration. that was a rebuke from moscow, seeing it as interference in their own backyard, as it were. we have the former president of georgia, who has had his own battles with russia, standing here and telling them our important it was. earlier in a press conference i asked him what his words would be to the demonstrators. >> so it's not about a political fight here. it's abou
but the economy here is in dire straits. the deal with moscow clue the possibility of a cheap deal on gas and perhaps direct aid because reserves here are running out fast. the central bank quite simply is seeing its stock pile of cash ebbing away very quickly. >> tim, we can see behind you the di demonstrateors are still there. what would you say the mood is? are they still very determined? >> they are very determined. it is very cold, but there have been lots of warm words for the...
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Dec 7, 2013
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trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and ac
trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could...
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Dec 9, 2013
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with that the economy is expected to collapse without that. that is causing fear in the business community. >> if it is not signed then people will be panicked and it will effect the country. it is disappointing and our businessmen are not investing. people are worried because they cannot work confidently. >> at afghans panic and exchange their money for u.s. dollars the afghani dollar is being devalued. where much of the food is imported prices are going up. >> reporter: this is where afghanis come to spend their hard earned money, but food price versus gone up the last few days. that's because people who sell it here buy it from wholesalers in dollars. the exchange rate has never been so bad. in a few short weeks the price of sacks of flour have soared. >> the prices are become so high. now it's expensive, and people are so poor they can't forward to buy anything. >> reporter: few afghans have the wealth not to worry about investments. it is quickly effected the things they do worry about. simply putting food on the table. jane ferguson, al
with that the economy is expected to collapse without that. that is causing fear in the business community. >> if it is not signed then people will be panicked and it will effect the country. it is disappointing and our businessmen are not investing. people are worried because they cannot work confidently. >> at afghans panic and exchange their money for u.s. dollars the afghani dollar is being devalued. where much of the food is imported prices are going up. >> reporter: this...
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. >> if it is not signed people will be panicked and it will affect the economy of the country. people are running away, people are disappointed and our business men are not investing. money dealers are worried because they cannot work confidently. >> as afghans panic, the afghani is devalued. prices are going up. it is at ordinary markets like this where regular afghans come to spend their hard earned currency buying food, but food prices have gone up significantly in the past few days. that's because the people who sell the food buy in dollars. and the afghanis don't bias much food and the food anchorag shors not been so pad. sacks of food has risen. >> the prices have become so high before we could buy one at a cheaper price but now it's expensive and there's less money and people are so poor they can't afford to buy anything. >> as anxiety hangs over the country's diplomatic future with the u.s., it has quickly affected the things they do worry about. simply putting food on the table. jane ferguson, al jazeera, kabul, afghanistan. >>> the pullout of american forces could jeo
. >> if it is not signed people will be panicked and it will affect the economy of the country. people are running away, people are disappointed and our business men are not investing. money dealers are worried because they cannot work confidently. >> as afghans panic, the afghani is devalued. prices are going up. it is at ordinary markets like this where regular afghans come to spend their hard earned currency buying food, but food prices have gone up significantly in the past few...
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Dec 8, 2013
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>> i think the economy is a maim maimer major issue and resources - it's linked to corruption in one form or another. you can't get away from it. for example, a central indian state to the east, it's rich in minerals and natural resources and forestry. those resources - some believe they have been plundered and no one knows where the finances have gone. people are clear about what they want from their next set of politicians. the bjp have their prime ministerial candidate. he is advocating clean pol sticks. similar to his home state. been there many times. very good roads, electricity, water supply. he can do that for the rest of india. that is what he's trying to advocate. that's where the fight will be about corruption and who can develop india into a modern 21st century state. >> it's been a month since the philippines was hit by one of the most powerful typhoons ever. millions was donated to help those recovering from the ty coons, but it will take years for it to get back on its feet. another 1,800 people are missing. more than 12 million people are affected. stretching governme
>> i think the economy is a maim maimer major issue and resources - it's linked to corruption in one form or another. you can't get away from it. for example, a central indian state to the east, it's rich in minerals and natural resources and forestry. those resources - some believe they have been plundered and no one knows where the finances have gone. people are clear about what they want from their next set of politicians. the bjp have their prime ministerial candidate. he is...
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Dec 7, 2013
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it could add up to $18 trillion to the global economy. >> in egypt - 21 women and girls imprisoned for protesting in october, including seven girls under 18. the red cross says 300 people have been killed in 48 hours after violence between militias and the central african republic. thousands of people are looking at refuge at the airport where french soldiers are on guard. >> some people are talking about a religious or sectarian war against christians and muslims. is that how the situation is developing? >> it's a political crisis, and unfortunately some people are using the intentions between the communities peacefully together. about 15 to 20% mousse limbs who are active in the any and now the author represented in politics and some don't like that. this is what is going on. there farmers who are mostly christians who attack muslims in that country because the seleka rebels in power. >> there have been warnings, as you know, about the possibility of what is being already described as a genocide. let's hope that doesn't happen. could it happen. >> i think the word might be - geppo si
it could add up to $18 trillion to the global economy. >> in egypt - 21 women and girls imprisoned for protesting in october, including seven girls under 18. the red cross says 300 people have been killed in 48 hours after violence between militias and the central african republic. thousands of people are looking at refuge at the airport where french soldiers are on guard. >> some people are talking about a religious or sectarian war against christians and muslims. is that how the...
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Dec 10, 2013
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the issue really is africa is an export-driven economy, 60% of their economy is due to the mining sector, the most of which is exported to the world and it's no accident that you see some of the most important economic actors of africa playing a prominent role in this memorial. these are the future trading partners of africa. it's not going to be europe as much as brazil, india and china. i think their role here exemplifies that. >> professor, this is really a critical moment. i was in the middle east at a time the mining strikes were going on in the summer of the year. there was disheartening to see. it really was disheartening to see. we saw miners being show and killed. we saw a very uneven response from the south african leadership. these were miners fighting for what they thought was fair, for rights, for a larger piece of africa's economic pie, and for many in the world, what they saw as a response was a heavy-handed approach from the government. >> that's right. there's talk about africa being -- hosting 25% unemployment right now. that number among the youth is 50%. this is a tic
the issue really is africa is an export-driven economy, 60% of their economy is due to the mining sector, the most of which is exported to the world and it's no accident that you see some of the most important economic actors of africa playing a prominent role in this memorial. these are the future trading partners of africa. it's not going to be europe as much as brazil, india and china. i think their role here exemplifies that. >> professor, this is really a critical moment. i was in...
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Dec 3, 2013
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government wants to see an end to the proxy war going on in the second city killing civilians and the local economy. but how the military will deal with the war and factions will be a big test. andrew simmons al jazeera beirut. >> and an update on syria we have reports that two people have been killed in an explosion in damascus. this is according to syrian state television, an explosion by suicide bomber who blew himself up in central damascus this tuesday and 17 people are injured and we will bring you information on this breaking story if and when we have it. the powerful north korea un has been removed from his post. and he was widely believes to be the power behind the north korean leader and held vice chairman of the commission and there are reports that two of his close associates have been executed following corruption charges. the u.s. vice president expressed concerns over china's expansion of the air defense zone in the east china sea and it was in japan and the first stop in a three-nation tour of asia and he will make a visit to china on wednesday and tokyo and bejing are talking about
government wants to see an end to the proxy war going on in the second city killing civilians and the local economy. but how the military will deal with the war and factions will be a big test. andrew simmons al jazeera beirut. >> and an update on syria we have reports that two people have been killed in an explosion in damascus. this is according to syrian state television, an explosion by suicide bomber who blew himself up in central damascus this tuesday and 17 people are injured and...
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Dec 8, 2013
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with the economy in such a terrible state, it's likely to face the challenge of hungry people who simply can no longer afford enough to eat. harriet martin, al jazeera, khartom. >>> hundreds of thousands answered going to churches, mosques, temples and synagogues. here you can see people still outside nelson mandela's mouse in johannesburg. mike hanna is now reporting. >> reporter: mandela's name rings out in the church as they sing in praise. this is an occasion both joyful and solemn, mirroring the national reaction to the death of the celebrated south african leader. throughout the country it goes through churches, the service attended by the south african president jacob zuma accompanied bus mandela's former wife. they remember the men they affectionately knew as madiba. >> when i say we pray for the nation, we pray for us not to forget some of the values that madiba stood for, that he fought for, that he sacrificed his life for. we should include those in our reflections. >> reporter: a song, too, from a new generation. some of these children born free in the democracy that mandela
with the economy in such a terrible state, it's likely to face the challenge of hungry people who simply can no longer afford enough to eat. harriet martin, al jazeera, khartom. >>> hundreds of thousands answered going to churches, mosques, temples and synagogues. here you can see people still outside nelson mandela's mouse in johannesburg. mike hanna is now reporting. >> reporter: mandela's name rings out in the church as they sing in praise. this is an occasion both joyful and...
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Dec 9, 2013
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and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to avoid a government shut down or default in our debt. >> reporter: all right joe watkins former aid to president george hw bush and live from philadelphia thank you. they will end with victories and today is a two-week year-end session to tackle bills and nominees and talking about patricia millet on the d.c. circuit of appeals and the first to come up since the filibuster rule was changed and five other nominations are before the senate including janet yellen to lead the federal reserve and jay johnson to head homeland security. one senator is looking to keep police from tapping her phones, last year cell
and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to...
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Dec 6, 2013
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the foundation of growth and prosperity the welsh economy so closely connected. having organization with a mandate to keep the international financial system an even keel is more important than ever the international monetary fund has warned from the lessons leaders took in the great depression and the global conflict that followed. with a membership has grown two hundred and eighty eight countries the imf is a forum for discussing policies that promote stable economic growth. it's a form of credit unions whose members contribute money you can borrow when they aren't major blow for the imf help prevent craigslist and results when they occur. so when the global financial crisis began in two thousand and eight. the imf policy advice was put to good use by countries to create ordinated global response. the imf also provide funding and an unprecedented scale also on the web. and they've seen the torrens title the eye this is renowned as the train to stomach. one train from time to install a new puppy to his destination welcomes and ninety million visitors each year.
the foundation of growth and prosperity the welsh economy so closely connected. having organization with a mandate to keep the international financial system an even keel is more important than ever the international monetary fund has warned from the lessons leaders took in the great depression and the global conflict that followed. with a membership has grown two hundred and eighty eight countries the imf is a forum for discussing policies that promote stable economic growth. it's a form of...
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the tickets i would add yet products whole economy recover. mental anything. oh and she asked could she be two p m socio economic
the tickets i would add yet products whole economy recover. mental anything. oh and she asked could she be two p m socio economic
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Dec 3, 2013
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prevent dangerous materials from entering occupied territory and the six mile restrictions hurt the economy and al jazeera's nick has more from jerusalem. >> six years israel controlled the seas and today activists wanted to take them back and living in gaza cannot go six miles from the coast and war ships block everything going in and going out and they say that strangled the economy and so they challenge the blockade and going straight for israeli ships and aware of the risk and they arrested and they attacked for sailing more than six miles out. >> we are armed with international law and they saying this is our sea, this is our land, this is our sky, you shouldn't be here. >> reporter: by challenging the blockade israel may stop or attack them but with two thirds of the people in gaza living on $6 a day they have nothing to loose and it's about security and fired rockets from gaza into israel and israel said to prevent it it most block cement that have been used in attacks. and for palestinians this is about their livelihood in an area where raw sewage runs through the streets and power
prevent dangerous materials from entering occupied territory and the six mile restrictions hurt the economy and al jazeera's nick has more from jerusalem. >> six years israel controlled the seas and today activists wanted to take them back and living in gaza cannot go six miles from the coast and war ships block everything going in and going out and they say that strangled the economy and so they challenge the blockade and going straight for israeli ships and aware of the risk and they...
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Dec 10, 2013
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because he's good for economy and is good for the time this year japan sign similar bilateral pacts with eight asian and african nations including indonesia and ten. officials in tokyo i tried to double the number of partner nations for the crediting mechanism over the next thirty years japanese whalers in the antarctic in ocean will have to contend with the anti whaling group sea shepherd and now australia's environment ministry is sending a ship to monitor their activity. a syrian officials said the vessel would sit in the japanese ship that set sail this month will also keep a check and see champagne which was found to instruct the wheelers. a syrian officials filed a complaint in two thousand and ten with the international court of justice in the hay the nikkei japan's research whaling is effectively commercial hunting. they say it violates an international convention. my japanese officials see the whaling is for scientific research and it conforms to the convention traditional japanese crazy in our place till it is now on the united nations cultural heritage list. its popularity has
because he's good for economy and is good for the time this year japan sign similar bilateral pacts with eight asian and african nations including indonesia and ten. officials in tokyo i tried to double the number of partner nations for the crediting mechanism over the next thirty years japanese whalers in the antarctic in ocean will have to contend with the anti whaling group sea shepherd and now australia's environment ministry is sending a ship to monitor their activity. a syrian officials...
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Dec 7, 2013
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if he could sit and snuggle so that the country's economy hide industry and trade body said it strikes across the country some two hundred million dollars. the road or vibration of the blue it to its bali people stop about and talk to some exponents of this button will give kisses aka summer that is a cynical twenty pieces is that the highest in the blood the executive board of the government to which he be the next ball is expected that this is all this the budget deficit reaching out to some discussion about this alarming. add to the commercial hub is like a civics with the outbreak of the epidemic. then the forty seven thousand visitors vaccination. the defendant's refusal of the budget documents to be in the end of the organization program of the country. after that the demented ropes activists of all the time i took that as the benefits of bad vaccinations and again it is a western plot to sterilize muslims. the director had about but found that the porto by respondents said yes please read the perspective of the strip had the energy and focus on in the wall the demise of south af
if he could sit and snuggle so that the country's economy hide industry and trade body said it strikes across the country some two hundred million dollars. the road or vibration of the blue it to its bali people stop about and talk to some exponents of this button will give kisses aka summer that is a cynical twenty pieces is that the highest in the blood the executive board of the government to which he be the next ball is expected that this is all this the budget deficit reaching out to some...
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Dec 5, 2013
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dollars in foreign direct investment in the past six years and is now the world's sixth largest economy. my advice also on my head. and they've seen the torrens title. when the great typically used in japan in two thousand the shinkansen super express trains will stop soon. no make it. thanks to him it was many sites due to the expensive stuff the reinforcements coming to break the mold. i love this system uses size moment trucks and coastlines to momentous autistic boy. it's the way to trim it was judged to be imminent the transformer substance comes out tomorrow. really old train safely and swiftly to it toss to them late in two thousand and four. we get to it we improve the effectiveness of the shinkansen is earthquake early warning system and reducehe car and we need to stop trying. when the great easter time earthquake struck for the train stops i did with no injuries to us return of july to see a stream to showing up late in the morning since two thousand and seven the result that even very large ethnic style of course was to visit all of its the agencies that with a group of four
dollars in foreign direct investment in the past six years and is now the world's sixth largest economy. my advice also on my head. and they've seen the torrens title. when the great typically used in japan in two thousand the shinkansen super express trains will stop soon. no make it. thanks to him it was many sites due to the expensive stuff the reinforcements coming to break the mold. i love this system uses size moment trucks and coastlines to momentous autistic boy. it's the way to trim it...
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Dec 2, 2013
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but the dow did finish higher for the month of november on optimism that the us economy is on the path to recovery and there this week may provide further evidence of that one protocol stack. here are starting off the new week and the final month of the year. the good of an email a guard standing by the tokyo stock exchange the meta twenty of the new also he stops just a touch on friday about mart big gains for the month. i think shaping up this monday morning. and how much i use indeed i'd like to be games for the nikkei last the month i actually rose nine point eight percent on the month of led largely by the stronger taller that we saw which was a lot of exports but let's not let see if i were taking off up to date december seconds and a bit of a mixed picture here of the nikkei just marching in the negative topics just barely in the positive we'll see how that develops. now i know you can take over key economic data may arise but the house in the sense that the u s jobs data on friday is going to be the big focus for today because it's gotta be the last one before the federal reser
but the dow did finish higher for the month of november on optimism that the us economy is on the path to recovery and there this week may provide further evidence of that one protocol stack. here are starting off the new week and the final month of the year. the good of an email a guard standing by the tokyo stock exchange the meta twenty of the new also he stops just a touch on friday about mart big gains for the month. i think shaping up this monday morning. and how much i use indeed i'd...
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Dec 4, 2013
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the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero and i knew no english eighteen teams and it seems the distance may seem an unlikely match here in japan it's proving to be a winning combination. elderly enjoy getting into t mean i get the offense and scoring points when it comes to health. elderly people getting doing so is the workout. do you believe the gop. and. in trade since you to texas to use movements every tuesday and the enemy the bamboo groves. here's reach their goal the game still grates with that. it was due to recent homes use this team. he was eighth in video games. i interrupt exercising in twenty ten zero the game creator. he lead to months of research is computer graphics design excuse to university. get the video games have an addictive element to it we can effectively incorporate that into the exercises totally people can stop the duties of a physical workouts they might otherwise avoid. the game records each clears results in the cart and t
the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero and i knew no english eighteen teams and it seems the distance may seem an unlikely match here in japan it's proving to be a winning combination. elderly enjoy getting into t mean i get the offense and scoring points when it comes to health. elderly people getting doing so is the workout. do you believe the gop. and. in trade since...
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Dec 9, 2013
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BLOOMBERG
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the new economies are underinvested in arts. they have zero. is a top and one that did see this. 3 billion.ore them this is an increase. they sold about $200 million worth of contemporary art. they held the largest option ever. including the triptych that became the most expensive art works sold at auction. these are being driven by the allocated money that has very limited demand. they workold days, fine because of collection and passion. now they are just small factors. now it is allocating money from your basket of wealth. allocatingng it about 5% of their words. he wanted to get into the , sotheby's has been having issues of their own. digest recently leave the company. we will be on the markets and in about 30 minutes time. "bloomberg west" is up next. ♪ >> live from peer three in san francisco. welcome to the early edition of west./"rg i am emily chang. the focus is on business and investment in the future. companies from apple to facebook are demanding u.s. surveillance reform in thewake of edwards noted's -- wake of edwards d snowden'
the new economies are underinvested in arts. they have zero. is a top and one that did see this. 3 billion.ore them this is an increase. they sold about $200 million worth of contemporary art. they held the largest option ever. including the triptych that became the most expensive art works sold at auction. these are being driven by the allocated money that has very limited demand. they workold days, fine because of collection and passion. now they are just small factors. now it is allocating...
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Dec 4, 2013
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john worked to open up north korea's economy in two thousand and two eleven economic delegation to south korea. but he fell from grace in two thousand and three observers thought he'd been dismissed his whereabouts were not reported again until two thousand and six it became john eales death in two thousand and eleven china is why i supported the young successor john was given the task of meeting chinese leaders last year the report of a possible reshuffle and kill again raises plenty of questions return to north korea expert ha jin look for answers. he's a senior research fellow at the korea institute for national unification the team. it's shocking to me because you don't come from things and more than them but we both parties and town center was about to make her all consuming the two thousand and eight when king john who is in its proper happen. so i think a note on baby up with her toys started to turn from k and joe and his baby acne but his lawyer told it to happen because you don't. chinchilla i'm sure you don't put the pulp is two three of us can one not so good even shocking be
john worked to open up north korea's economy in two thousand and two eleven economic delegation to south korea. but he fell from grace in two thousand and three observers thought he'd been dismissed his whereabouts were not reported again until two thousand and six it became john eales death in two thousand and eleven china is why i supported the young successor john was given the task of meeting chinese leaders last year the report of a possible reshuffle and kill again raises plenty of...
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Dec 4, 2013
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no apology to crashing economy in the first place. and a total failure to stand up to the trade unions office. mr. speaker, if they can't manage to come up with some sensible policies, if they can't manage their own party, why should anyone think that they can manage our country? [shouting] >> mr. speaker, this weekend i will be supporting local firms in my constituency. companies welcome the reduction this government has introduced in terms of corporation tax and national insurance contributions, but what more can be done to reduce business rates? >> mr. speaker, i would suggest to my honorable friend he should wait until the chancellor makes his autumn statement and small business saturday as it prohibited to encourage a going to support small businesses in uk. of course, the last government plan to do and more generous small business rate relief to we reversed that decision savings focuses around 2000 pounds on average. yes, another example of this side of the house standing up for small businesses let down by that side of the hous
no apology to crashing economy in the first place. and a total failure to stand up to the trade unions office. mr. speaker, if they can't manage to come up with some sensible policies, if they can't manage their own party, why should anyone think that they can manage our country? [shouting] >> mr. speaker, this weekend i will be supporting local firms in my constituency. companies welcome the reduction this government has introduced in terms of corporation tax and national insurance...
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Dec 5, 2013
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the future looked brighter than the past. and for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. for others, it meant going to college -- in some cases, maybe the first in your family to go to college. and it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even in those year
the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the...
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Dec 9, 2013
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landmarkelebrating at deal that could add to the global economy. it is the first deal in the 18 year history of the wto. to help globalpt commerce and food shortages. several street firms are under investigation for the hiring. they have widening inquiring where children of high politician and clients are hired. the u.s. -- there was a big surplus in years. here is a breakdown. >> that is right. almost close to five years. exports beat estimates. , less than expected, but still up. that was as traders where -- existing stock house. -- piles. there's global momentum. european companies and south korea and the u.s. -- when analysts look at the figure, they are slightly disappointed. it shows that china is not importing as much as you would like. a user the sense that perhaps domestic is soft. really focus on the important part of the equation. they have no the export art. can they show that they are not as reliant on exports and that there is a favor for domestic consumption. cbi. begin with coming in at 3%. of course, it is within that target 3%. go
landmarkelebrating at deal that could add to the global economy. it is the first deal in the 18 year history of the wto. to help globalpt commerce and food shortages. several street firms are under investigation for the hiring. they have widening inquiring where children of high politician and clients are hired. the u.s. -- there was a big surplus in years. here is a breakdown. >> that is right. almost close to five years. exports beat estimates. , less than expected, but still up. that...
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saying global huge in terms of economy you mentioned this could trillion to global economy. trade is smaller than the global economy something like a third. -- global whreblg economy is $65 trillion. step, an incremental increase by 2% or 3%. >> not insignificant. you talked about the key food security. >> yes if there is anything all about it is food security. it is a big part of every country's industry. that has been holding things up. iing block with he cubans was the u.s. and india, u.s. objecting to their exports. of grain they give india a waiver that llows them to subsidize the grain production as long as sit doesn't ends up on global markets. is a way of pushing things down the road and papering over the differences to go on with talks. >> international diplomacy is all about that. we will take a break and they are cleared for takeoff. merge are of american airlines and u.s. air is set to be inked this morning. tell you what else we can watch the rest of the day. ♪ >> you are watching "pulse." later today you will get a speakers maybe hinting at the possibility of
saying global huge in terms of economy you mentioned this could trillion to global economy. trade is smaller than the global economy something like a third. -- global whreblg economy is $65 trillion. step, an incremental increase by 2% or 3%. >> not insignificant. you talked about the key food security. >> yes if there is anything all about it is food security. it is a big part of every country's industry. that has been holding things up. iing block with he cubans was the u.s. and...
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Dec 3, 2013
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the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero japan center and emperors have received a grand welcome in india on their first official trip to the country and fifty three years the imperial couple attended a banquet at the presidential palace in new delhi the reception open with the japanese and indian national anthems about ninety guests from the two countries welcome the emperor and empress any presents or not at mckay dee dee is an opening address that the emperor has been asked about his official visit as crown prince fifty three years ago and he praised india's dedication to peace they are asking are you still consider creativity and now i am looking into the top of the lot. the new team on now. see the one on the penny celia the show pushed it to them on at the next. increase annual japan and india can continue bilateral cooperation and friendship the bank president and chief for india's assistance after the two thousand and eleven earthquake and tsunam
the economy expanding menu opened the doors to women with enthusiasm may bring the country. i'm not that the mention of growth. you've got to sit down and his hero japan center and emperors have received a grand welcome in india on their first official trip to the country and fifty three years the imperial couple attended a banquet at the presidential palace in new delhi the reception open with the japanese and indian national anthems about ninety guests from the two countries welcome the...
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Dec 10, 2013
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germany's economy pulling away from a continent that struggling because i get when lower saxony its meat industry to see how the re introduction of minimum wage might impact wages and also competitors outside of germany will be seen that report a little bit later on so what with the reintroduction of the minimum wage change. more broadly. another grand coalition. be good for europe with ex member of both the spd and the french socialist party. it exhibits and a software thanks for being with us. thanks as well to mark discoveries petition germany's constitutional court. up against the euro zone bailout say thank you for being as you teach that to bruins take the ship to take the city necessitates also with us francesca sarah seeing all of the ofc the thing to have the transit with scenes but it's the credit of two billion economic conditions a go and dust and of cuz who's the business is making promotional gifts. the quite outspoken. increase eating less red tape on the side of the rhine thank you for being with us the costs to get to be retirees during the conversation on facebook and t
germany's economy pulling away from a continent that struggling because i get when lower saxony its meat industry to see how the re introduction of minimum wage might impact wages and also competitors outside of germany will be seen that report a little bit later on so what with the reintroduction of the minimum wage change. more broadly. another grand coalition. be good for europe with ex member of both the spd and the french socialist party. it exhibits and a software thanks for being with...
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Dec 10, 2013
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. >> when you say low for longer, is that more a call on the economy or market or both? >> both. we think growth is going too slow for a longer time. we think the fed is going to keep monetary policy easy. short-term rates we think will remain where they are. longer term will budget up a bit. these are pretty high. we use a lot to choose out of that. we have a little bit more. we want to be a bit cautious for the longer-term right now. we want to make sure that people are using this diversification to understand that correlation may work against them. >> the rule next year will be a huge factor in how that plays out. we spoke with peter fisher as well. >> i think all over the world we see countries trying to make a handoff from monetary policy to fiscal policy. >> they would love to do that. >> they are trying to let go of the reins. they would like to not be the only game in town. that may be optimistic. i think we would like see fiscal policy pay a bigger role. they're trying to get a handoff to consumption of structural reform. central bankers are going to be important. they w
. >> when you say low for longer, is that more a call on the economy or market or both? >> both. we think growth is going too slow for a longer time. we think the fed is going to keep monetary policy easy. short-term rates we think will remain where they are. longer term will budget up a bit. these are pretty high. we use a lot to choose out of that. we have a little bit more. we want to be a bit cautious for the longer-term right now. we want to make sure that people are using this...
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in order for an economy to work beyond just watch car mow lawn and even way back you have to have sing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the winner gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at the public expense and protected with public pension called social security. so this whole idea that you know it's a right in a free capital is nonsense it's a privilege to have access to all that stuff the eat that all of us pay for with our tax dollars next if we made such stupid laws that they must pay what some outsider decides is a living wage we get to teddy roosevelt the moment they will simply move their physical business overseas well yeah unless you have a rational trade policy from the george washington and ministration until the reagan revolution and certainly with nafta calf to shaft t
in order for an economy to work beyond just watch car mow lawn and even way back you have to have sing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the winner gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at...
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Dec 9, 2013
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economy is on trend. to say that we're just trying to get over the trauma here and some of the data is already there. >> will the snow and ice keep shoppers at home or will they bare the elements. dan, always good to see you. what have you seen so far? we have had nasty weather on key shopping weekends. >> we have had tough weather and nice cold weather. we just went two years where they didn't sell boots or carves or gloves or things of that nature. my guess is what will happen is you have people who are great merchants will say the weather helped them and those that aren't will say that the weather hurt them. >> we're very excited about people who sell branded goods off price. t.j., nordstrom rack, ross, they give you value on a consistent regular basis. >> who looks horrible? who is not executing well? >> the teen retailers on the mall and online stores are struggling. nothing new, nothing exciting. nothing that is stimulating the consumer. >> how is j.c. penney doing? >> i think wall street is wrong.
economy is on trend. to say that we're just trying to get over the trauma here and some of the data is already there. >> will the snow and ice keep shoppers at home or will they bare the elements. dan, always good to see you. what have you seen so far? we have had nasty weather on key shopping weekends. >> we have had tough weather and nice cold weather. we just went two years where they didn't sell boots or carves or gloves or things of that nature. my guess is what will happen is...
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Dec 9, 2013
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they brought the big economies coming from the college. it's coming from an infection in manufacturing is not on my toes but is beginning to take off the direct investments in different sectors and petrochemicals. the jets had a very big investment later on a one point two billion in in plastics and in fact realize that i would like to end it nice undies coconut to invest in them until automobile industry. we've got done but do you know i'm a big businessman who is investing our time being in cement but is also playing into oil refineries on this they've got sad time campbell that says just do it in fact if up to fifteen eighty and eighty in an era in the west of the country so we have meal investments coming in geneva. nobody's looking to invest in the country but i recall attempt as i said the housing sector is about to be kicked off on a fine tuning is coming in and that was good to others. oh and non oil minerals leaving the country that daddy helping us us us of that and don't forget we have. the creative industries the sentences. nig
they brought the big economies coming from the college. it's coming from an infection in manufacturing is not on my toes but is beginning to take off the direct investments in different sectors and petrochemicals. the jets had a very big investment later on a one point two billion in in plastics and in fact realize that i would like to end it nice undies coconut to invest in them until automobile industry. we've got done but do you know i'm a big businessman who is investing our time being in...
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this is the better reserve snapshot of business conditions and the report indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen. private sector hiring in november, and and 215,000 jobs versus the expected 178,000 green, costing investors to fear the events of the fed's keeper coming sooner rather than later. you can see this picture, for direction the dow jones industrials have crossed the unchanged level 34 times. when you see we are down 59 points off of earlier lows still not anywhere near where we started the day and we want to talk about the s&p 500. the index is down for a fourth recession, losing five points. let's look at what is the. ticker symbol cf soaring after the fertilizer company says it expected to give signi
this is the better reserve snapshot of business conditions and the report indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen....
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in order for an economy to work beyond just watch car mode on an even way back you have to have thing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the weather gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at the public expense and protected with public pension called social security so this whole idea that you know it's a right in a free capital is nonsense it's a privilege to have access to all that stuff they eat that all of us pay for with our tax dollars next if we made such stupid laws but they must pay what some outsider decides is a living wage we're going to teddy roosevelt the moment they will simply move their physical business overseas well yeah unless you have a rational trade policy from the george washington and ministration until the reagan revolution and certainly with nafta calf to sh
in order for an economy to work beyond just watch car mode on an even way back you have to have thing like stable currencies a stable banking system a predictable and fair court system actual rules you know who's responsible if the weather gets broken you have to have transportation electrical water septic communications infrastructure all of this is paid for by we the people you have a criminal justice system to enforce the rules of the game of business you even need a workforce educated at...
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Dec 10, 2013
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this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think that would put certain sectors at more risk than others. in your view what are the biggest vulnerabilities in the market? >> the financial sector is going to be most at risk. they're going to try not to do that. this is is a great monetary experiment. we haven't been through this before. how it shakes out is something that we will fall out. >> i think japan is going to outperform the united states. i think there are a number of stocks that are likely to work. >> delta is one. we have taken out a tremendous amount of capacity. the economy is growing again. fuel p
this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think...
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fans are traveling there and boosting the local economy. is a city nestled against the adriatic sea. it has been a hit with tv crews and tourist. the medieval time -- medieval town features and the last season of "game of thrones congo thrones,"f and now they are trying to cash in. $75, she runs a tour and draws crowds from across the globe. a lot of people from australia and america, especially younger people who know about the show new the city through that. that sort of introduces them and they want to come here to see where it was filmed. is in thetory middle ages when it was an important trading hub. and damaged by yugoslav troops during the war of independence. now it was to restore its place on the global tourist map. they are hoping that the show will help spread the word. >> sticking with the film references, t rivet -- tv references, if you thought the invisibility cloak was finished with "harry potter" think again. ♪ >> carol massar will be at world porch, the $1 billion hub in louisville kentucky. one million ash more than 4 m
fans are traveling there and boosting the local economy. is a city nestled against the adriatic sea. it has been a hit with tv crews and tourist. the medieval time -- medieval town features and the last season of "game of thrones congo thrones,"f and now they are trying to cash in. $75, she runs a tour and draws crowds from across the globe. a lot of people from australia and america, especially younger people who know about the show new the city through that. that sort of introduces...
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Dec 2, 2013
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concerned that a ton while we did stop in treating night and that makes the second largest currency and economy. high in the critical parts of the capital. thousands of protesters threw rocks and the heavenly gandhi prime minister's own face. police responded with t gas rather than expand to ten in. the i use the forestry get another protest outside the u k wants to. i will give them what i came here to tell police the chapel is now shooting they messed up sitting retired. as the days events of the sevens nationwide to come out on strike industry to self govern but this entry to the office a few comments forcing them to wait outside he appealed for reconciliation cry nineteen the economic consequences of the unrest the end tradespeople and the tree it's the enhancement how thai people. you see that. a man trying to keep it in. on the picket the issue. this time of means no money thailand's tourism appeal but many can mesh upper sixties. it was clear that the weekend. the country's tourism and sports ministry said around three hundred thousand people have canceled trips to thailand due to the ch
concerned that a ton while we did stop in treating night and that makes the second largest currency and economy. high in the critical parts of the capital. thousands of protesters threw rocks and the heavenly gandhi prime minister's own face. police responded with t gas rather than expand to ten in. the i use the forestry get another protest outside the u k wants to. i will give them what i came here to tell police the chapel is now shooting they messed up sitting retired. as the days events of...
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Dec 8, 2013
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economy is good for the japanese economy. not the best number in the world but by no means the worst. >> how are investors supposed to play this dataset? >> we still find a large number have exposureot to the japanese equity markets in any form. we think that is a big mistake. there has been significant increases in value. we expect further significant increases in value. there is almost no doubt that there are going to be some big winners in the japanese economy going forward. >> thank you so much for that. >> all right. thank you so much for thoughts on the dataset. remember wincing attachment writing a letter with a real pen? things have changed. with the rise of mobile devices, one company is holding onto tradition. honda vehicles have been to the pen maker to see how fast honda nichols has been to the pen maker to see how it has survived. gloves at the pen factory. who really uses pens in the digital age? get, theotifications i more i appreciate it. there is a strong hunger for that. a mass manufacturer. eight charlie ch
economy is good for the japanese economy. not the best number in the world but by no means the worst. >> how are investors supposed to play this dataset? >> we still find a large number have exposureot to the japanese equity markets in any form. we think that is a big mistake. there has been significant increases in value. we expect further significant increases in value. there is almost no doubt that there are going to be some big winners in the japanese economy going forward....
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chung worked to open up north korea's economy, but fell from grace in 2003. observers thought he'd be dismissed. his whereabouts were not reported again until 2006 after kim jong-il's death in 2011, chung and his wife supported the young successor. chung was given the task of meeting chinese leaders last year. >>> in tokyo, japan's chief cabinet said the government is closely monitoring cheng's reported dismissal. >> translator: the government is paying close attention to the situation in north korea. we are gathering various information, while coordinating with other countries. >> suga said there was a meeting held on the matter. the report on the possible reshuffle in pyongyang raises plenty of questions. we turn to a north korean expert for answers, a senior fellow at the korean institute for national reunification. >> it is very shocking to me, because he is the number two in politics and he was the king maker of kim jong-un when kim jong-il was -- as problem happened. a power struggle between them is maybe likely, but it's too early to happen, because, y
chung worked to open up north korea's economy, but fell from grace in 2003. observers thought he'd be dismissed. his whereabouts were not reported again until 2006 after kim jong-il's death in 2011, chung and his wife supported the young successor. chung was given the task of meeting chinese leaders last year. >>> in tokyo, japan's chief cabinet said the government is closely monitoring cheng's reported dismissal. >> translator: the government is paying close attention to the...
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economy is rebounding helped by explosive growth in the energy and wireless industries. behind this growth is a massive grid of pipelines and wire lines across and that is the business of jose -- [inaudible] his company's stock has surged more than 260%. yes, i said that, 260% over the past five years, and he is with me now in a fox business exclusive. very interesting, these sectors that you operate in. let's start with telecom. there's been explosive growth in telecom, especially to rural areas. that has been a big thing that the president has pushed through. are we there yet? have we reached the furthest part of the rural areas, or do you think there's still more to grow? >> i think we've made great strides, but we still have a long way to go. as a company, we specialize in wireless deployment, so we build a lot of the networks for the wireless carriers. it's a very exciting field because if you've seen the changes that have happened with handheld technologies and what you can do with your devices, we're kind of the company that builds the infrastructure and the backb
economy is rebounding helped by explosive growth in the energy and wireless industries. behind this growth is a massive grid of pipelines and wire lines across and that is the business of jose -- [inaudible] his company's stock has surged more than 260%. yes, i said that, 260% over the past five years, and he is with me now in a fox business exclusive. very interesting, these sectors that you operate in. let's start with telecom. there's been explosive growth in telecom, especially to rural...
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we have come a long way since the collapse of the economy in 2008. but we still have a long way to go. as members of the c.b.c. have consistently pointed out from the floor of the house of representatives, there are people who have been left behind nd the american people deserve this congress putting aside issues of partisan bickering and attempting to find common ground to solve their problems. stock market is way up, corporate profits are way up, productivity of the american people is way up, c.e.o. compensation is way up, yet unemployment still remains stubbornly high. there are americans who have been left behind but we have not failed to take up a jobs bill from the floor of the house of point tatives at any this year. as my colleague from nevada also pointed out, we have a very broken immigration system. there's almost uniform agreement across the aisle about that fact. there's been a failure to bring a meaningful piece of immigration reform legislation to the floor of the house of representatives. despite the overwhelming demand for action by
we have come a long way since the collapse of the economy in 2008. but we still have a long way to go. as members of the c.b.c. have consistently pointed out from the floor of the house of representatives, there are people who have been left behind nd the american people deserve this congress putting aside issues of partisan bickering and attempting to find common ground to solve their problems. stock market is way up, corporate profits are way up, productivity of the american people is way up,...
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japanese economy slows. exclusive interview with the prime minister tells us there is no end to abenomics. good morning, everybody. i am guy johnson.
japanese economy slows. exclusive interview with the prime minister tells us there is no end to abenomics. good morning, everybody. i am guy johnson.
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saw thenk everybody andgreement between india other developing economies with respect to developed economies on the agriculture package. this was the so-called g 33 proposal where the developing economies spearheaded by india insisted on basically linking the interim solution for the agriculture package to a permanent solution. this was something that was very difficult for the developed economies to accept. we came to a landing and that was one area of other was when the cubans along with three other countries, nicaragua, bolivia and venezuela, basically were suggesting that some change be made in a very last-minute. this was in the wee hours of saturday, way past the deadline of the meeting. we managed to pull through. on12:30, shortly after noon saturday, we were able to get all 160 countries to agree. i think a lot of this should go to roberto, the director general of the wto who basically showed the patients, the first appearance -- the perseverance to put everybody together. placeas been a very good for lots of agreements to take place. the is probably some of factors. these are some o
saw thenk everybody andgreement between india other developing economies with respect to developed economies on the agriculture package. this was the so-called g 33 proposal where the developing economies spearheaded by india insisted on basically linking the interim solution for the agriculture package to a permanent solution. this was something that was very difficult for the developed economies to accept. we came to a landing and that was one area of other was when the cubans along with...
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the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult. catholic, what do you see for south africa as they try to move forward? this is a huge issue. >> nelson mandela was a huge, unifying figure. even in the last years of his life, he still helped people together. what will happen among these groups in the coming days and years will be critical. >> when you see south africa, do you perceive that religion still is front and center? i believe that he was in a methodist school coming out of the tribes way back. his religion still important there? >> i think that the anglican church still has a pr
the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult....
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economy. remember, that is what the chancellor has been talking about in the lead up. that's where we've seen the prime minister and his visit to china press on getting money and capital to the real economy. it may be a physically xhushl budget, but how are they going to sustain the growth we've seen in the past pew months? >> helia, thanks for that. >>> the chancellor is due to stand up and give his speech around 11:15 london time, 12:15 cet. we will cover that, as well. that will lead into the bank of england decision, as well. >>> the japanese cabinet has approved a stimulus package worth $182 billion. we have the story from tokyo. >> hi, ross. this massive package is expected to push up the nation's real gdp by around 1%. government spending is to total around $54 billion. $13 billion or 25% of this will be allocated to help improve competitiveness of japanese industries and to strengthen metropolitan functions ahead of the 2020 tokyo olympics. the rest will be spent on things like reconst
economy. remember, that is what the chancellor has been talking about in the lead up. that's where we've seen the prime minister and his visit to china press on getting money and capital to the real economy. it may be a physically xhushl budget, but how are they going to sustain the growth we've seen in the past pew months? >> helia, thanks for that. >>> the chancellor is due to stand up and give his speech around 11:15 london time, 12:15 cet. we will cover that, as well. that...
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>> i think as long as they think the economy is okay, they will do that. there will be an appetite and mandate. if we were to see worries about the growth outlook, i think then they may actually lose a bit of that appetite for a tightening. we are relatively optimistic. >> the reforms are getting omnipotent. do you go along with that feel? >> to be honest, not really. i think most of the reforms, they stand a good chance of actually getting through or having an impact in 2014. i think on balance, neutral, even a bit positive. the reforms that seem to have the best scope for actually making good progress are on financial liberalization, increasing the opportunities for private capital. i think those kinds of reforms are probably slightly good for growth rather than bad for growth in my view. >> all right. good to see you. thanks so much, indeed, for joining us. have a good week. we'll take a short break. >>> still to come, just a week after egypt's new constitution was drawn up, we'll speak about investment and aid. see you in a few minutes. hi honey, did y
>> i think as long as they think the economy is okay, they will do that. there will be an appetite and mandate. if we were to see worries about the growth outlook, i think then they may actually lose a bit of that appetite for a tightening. we are relatively optimistic. >> the reforms are getting omnipotent. do you go along with that feel? >> to be honest, not really. i think most of the reforms, they stand a good chance of actually getting through or having an impact in 2014....
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exports saved the economy from contraction. but the 0.6% growth rate on the quarter still missed market expectations and that's why the aussie/dollar is lower again this morning. it was down to 90.18. >>> feel free to take note. australians struck a deal not to raise it, but to scrap it. the government wanted an increase, but decided to remove it completely. as for the agenda in asia tomorrow, peter decided to return to bangkok. south korea posted revised third quarter gdp figures. while in the philippines, we'll see what kind of inflationary affect high foon haiyan brought. >>> european equities steady at the moment. heavy data today. also still to come, iran and iraq are looking to boost oil production. will saudi arabia look over and cut its own supply? we'll get the latest from vienna. and the christmas tree lights are going on in new york today, as well. >>> this is "worldwide exchange." i'm ross westgate. >> who has to accommodate the iranian markets? >> the markets. >> but not just opec. but there are concerns that iraq
exports saved the economy from contraction. but the 0.6% growth rate on the quarter still missed market expectations and that's why the aussie/dollar is lower again this morning. it was down to 90.18. >>> feel free to take note. australians struck a deal not to raise it, but to scrap it. the government wanted an increase, but decided to remove it completely. as for the agenda in asia tomorrow, peter decided to return to bangkok. south korea posted revised third quarter gdp figures....
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economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the same cart, which is the cart of the u.s. foreign policy so they have to get on board at some point. later this week in bahrain, foreign ministers from the united states, from the u.k., gulf states, egypt will be meeting and sitting down. they invited their iranian counterpart as well. we can learn more about how this agreement is going to play out. >> yeah. so we'll have to see how that plans out, hadley. another follow-up. cutting things, that's interesting when we're wondering what was going to happen with iran. >> exactly. he gave me a wink. he said there was going to be fights with the ministries. he didn't want to touch education or hurt welfare basically spending.
economy is necessarily going to be good for the israeli economy. they're the largest trading partner with israel and the e.u. is second. the conciliatory tone is one that we heard him talking about tehran. we're hearing it from the gulf states as well. you have the gulf arabs as well as the israelis, they're kicking at the traces but in the end they realize they're still pulling the same cart, which is the cart of the u.s. foreign policy so they have to get on board at some point. later this...